Welsh Power Sells Its 50MW Portfolio to Akane Energy - 16/07/2014

Alkane Energy plc, the independent gas to power producer, is pleased to announce that it has agreed to acquire the three power response businesses, Darent Power Limited, Leven Power Limited and Rhymney Power Limited (together the “Power Response Sites” or the “Acquisition”) from Carron Energy Limited and Dragon Generation Limited (together “Carron Energy”).